Indonesian Political, Business & Finance News

Prevent Export Fraud: PT Danantara Sumberdaya Indonesia Improves Transaction Transparency

| | Source: KOMPAS Translated from Indonesian | Regulation
Prevent Export Fraud: PT Danantara Sumberdaya Indonesia Improves Transaction Transparency
Image: KOMPAS

Jakarta — The Indonesian government has stepped up reforms of the governance of national export trade through the creation of a new state-owned enterprise, PT Danantara Sumberdaya Indonesia. The company is being prepared to increase transparency of export transactions while curbing practices such as under-invoicing and transfer pricing.

The step is expected to make the process of trading natural resource commodities more accountable, in line with regulations, and to boost confidence among business players and global trading partners.

In a press conference themed ‘Presentation of the Macroeconomic Framework and Key Fiscal Policy of the RAPBN for the 2027 Budget Year’ at the DPR/MPR complex, on Wednesday 20 May 2026, the Minister of Investment and HхdliRisation/Head of BKPM Rosan Roeslani unveiled that the government is preparing the establishment of the dedicated export-focused state-owned enterprise.

The state-owned company will operate under the Danantara Investment Management Body and will focus on strengthening governance and transparency of Indonesia’s export trade.

“The national platform for governance of Indonesia’s natural resource export trade adopts the concept ‘one platform, multiple benefit’,” Rosan said in a formal statement, Thursday 21 May 2026.

“The platform we have set up, I would call it: It’s one platform, multiple benefit. The world is happy, Indonesians are happier,” Rosan added.

He explained that the formation of PT Danantara Sumberdaya Indonesia is a follow-up to the Government Regulation on the Governance of Exports of Natural Resource Commodities issued by President Prabowo Subianto.

Rosan noted that authorities still observe practices of under-invoicing and transfer pricing in several export commodities that have persisted for some time. Such practices are seen as affecting state revenue, from taxes and royalties to foreign exchange earnings, and could distort national trade.

“And of course we will assess whether the declared value reflects a fair value in line with market indices that exist in the world,” he said.

Rosan emphasised that the platform’s existence is aimed at creating openness in transactions for both buyers and sellers in line with global market prices.

“Rather, our presence brings openness to all parties comprehensively, from buyers to sellers, in line with prevailing market prices,” Rosan stated.

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